Daily Archives: February 22, 2016

About First Meeting of Creditors Under the Bankruptcy Code, the United States Trustee must convene and preside at a meeting of creditors, which is often referred to as the Section 341 meeting. This must occur within a reasonable time after the order for relief in a case. However, the court may order the United States…

Case Closing About case closing and reopening: After an estate is fully administered and the court has discharged the trustee, the court shall close the case. The Rules of Bankruptcy Procedure provide the procedure for case closing. If in a Chapter 7, Chapter 12 or Chapter 13 case the trustee has filed a final report…